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Moss Bros Wins CVA Approval From Creditors

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Moss Bros can breathe a sigh of relief—it’s got the approval from the majority of its creditors for a company voluntary arrangement. The British men’s wear chain launched the CVA last month to financially restructure after the coronavirus pandemic derailed demand for its core formal and dress-occasion garb. CVAs allow companies to work out deals…

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